EDBL on Nasdaq

Edible Garden AG Inc

In its 2026 annual report the company says: “Edible Garden is a controlled environment agriculture farming company. We operate glass, hydroponic, and vertical greenhouse structures that enable us to grow organic herbs consistently year-round while using less land, less energy, and less water than conventional agriculture. Our advanced systems are also designed to help mitigate contamination from harmful pathogens, including salmonella, e-coli and others.”5 It is headquartered in Belvidere, United States.2 Its shares trade on Nasdaq under the symbol EDBL.2

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Last updated Oct 20, 2026.

Overview

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  • TickerEDBL on Nasdaq2
  • IndustryAgricultural Production-Crops2
  • HeadquartersBelvidere, United States2
  • Incorporated inDE3
  • Business address283 County Road 519, Belvidere, Nj 078233
  • Filer category, Emerging growth company3
  • Legal formCorporation2
  • LEI529900Q8LWAULQ40UZ682
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressc/o Universal Registered Agents, Inc., 300 Creek View Road, Suite 209, 19711 Newark, United States2
  • Registered withDivision of Corporations, Department of State, 60741272

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Edible Garden is a controlled environment agriculture ("CEA") farming company. We use traditional agricultural growing techniques together with technology to grow fresh, organic food sustainably and safely while improving traceability. We operate glass, hydroponic, and vertical greenhouse structures that enable us to grow organic herbs consistently year-round while using less land, less energy, and less water than conventional agriculture. In our hydroponic greenhouse, we grow plants without soil. Instead of planting one row of plants in the ground, by using a vertical growing system, we can grow many towers of plants in the same area by planting up instead of planting across. Growing these products sustainably means that we avoid depleting natural resources in order to maintain an ecological balance, such as by renewing, reusing and recycling materials in order to lower the overall one-…5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-1.6%Gross margin6
-123.3%Operating margin6
-135.3%Net margin6
-7.6%Revenue growth, 20256
-138.7%Return on equity6
0.02×Debt to equity6
-$12.4MFree cash flow6

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue43¢$13.0M
  • Selling, general and admin52¢$15.6M
  • Interest5¢$1.4M

Out of $12.8M in revenue.6 The company lost money this year.

Financial statements

Revenue7896$12.8M in 2025+22% since 2021
0$5.0M$10.0M$15.0M2021: $10.5M$10.5M20212022: $11.6M$11.6M2022+10%2023: $14.0M$14.0M2023+22%2024: $13.9M$13.9M2024−1%2025: $12.8M$12.8M2025−8%
Gross profit7896-$204.0K in 2025
-$1.0M0$1.0M$2.0M$3.0M2021: $648.0K$648.0K20212022: $364.0K$364.0K2022−44%2023: $822.0K$822.0K2023+126%2024: $2.3M$2.3M2024+181%2025: -$204.0K-$204.0K2025
Operating income896-$15.8M in 2025+75% since 2022
-$20.0M-$15.0M-$10.0M-$5.0M02022: -$9.0M-$9.0M20222023: -$9.9M-$9.9M2023+10%2024: -$9.3M-$9.3M2024−6%2025: -$15.8M-$15.8M2025+70%
Net income7896-$17.3M in 2025+213% since 2021
-$20.0M-$15.0M-$10.0M-$5.0M02021: -$5.5M-$5.5M20212022: -$12.5M-$12.5M2022+125%2023: -$10.2M-$10.2M2023−18%2024: -$11.1M-$11.1M2024+8%2025: -$17.3M-$17.3M2025+57%
Fiscal year202020212022202320242025
Revenue$10.5M7$11.6M8$14.0M9$13.9M6$12.8M6
Cost of revenue$9.9M7$11.2M8$13.2M9$11.5M6$13.0M6
Gross profit$648.0K7$364.0K8$822.0K9$2.3M6-$204.0K6
Selling, general and admin$5.6M7$9.4M8$10.0M9$11.6M6$15.6M6
Operating income-$9.0M8-$9.9M9-$9.3M6-$15.8M6
Interest$617.0K7$2.0M8$390.0K9$1.2M6$1.4M6
Income tax$08$09$06$06
Net income-$5.5M7-$12.5M8-$10.2M9-$11.1M6-$17.3M6
Earnings per share (diluted)-$1,541.799-$685.626-$117.646
Shares (weighted, diluted)6.6M shares921.8K shares6287.7K shares6

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Corporate structure

Edible Garden AG Inc sits at the top of its group. 5 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Edible Garden AG Inc

  • ARMISTICE CAPITAL, LLC Filed SCHEDULE 13G on Edible Garden AG Inc, latest Feb 17, 2026 (4 filings since Nov 14, 2024)
  • Dominion Capital LLC Filed SCHEDULE 13G/A on Edible Garden AG Inc, latest Apr 1, 2025 (3 filings since Oct 4, 2024)
  • Riverside Merchant Partners LLC Filed SCHEDULE 13G/A on Edible Garden AG Inc, latest Feb 3, 2025 (2 filings since Oct 7, 2024)
  • Iroquois Capital Management, LLC Filed SC 13G/A on Edible Garden AG Inc, latest Nov 14, 2024 (2 filings since May 31, 2024)
  • Lind Global Fund II LP Filed SC 13G/A on Edible Garden AG Inc, latest Nov 14, 2024 (3 filings since Feb 8, 2023)
  • M2B Funding Corp. Filed SC 13G on Edible Garden AG Inc, latest Sep 30, 2024
  • INTRACOASTAL CAPITAL, LLC Filed SC 13G on Edible Garden AG Inc, latest May 30, 2024
  • Zella Tribe Limited Partnership Filed SC 13D/A on Edible Garden AG Inc, latest Aug 18, 2023 (2 filings since May 2, 2023)
  • John Markey Filed SC 13G on Edible Garden AG Inc, latest Mar 13, 2023
  • James E. Kras Filed SC 13G on Edible Garden AG Inc, latest Feb 13, 2023
  • Michael C. James Filed SC 13G on Edible Garden AG Inc, latest Feb 13, 2023
  • Edible Garden AG Inc Belvidere, New Jersey, United States
    • 2900 Madison Ave Holdings, LLC Subsidiary · Michigan, United States
    • Edible Garden Lifestyle Brands LLC Subsidiary · Delaware, United States
    • Edible Garden Prairie Hills, LLC Subsidiary · Delaware, United States
    • EG Transportation, LLC Subsidiary · Nevada, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Edible Garden AG Inc reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Furniture and fixtures$806.9K6 Dec 31, 2025$806.9K9 Dec 31, 20240%
Property and equipment, before depreciation$14.3M6 Dec 31, 2025$5.5M6 Dec 31, 2024+158.7%
Accumulated depreciation$4.2M6 Dec 31, 2025$2.4M6 Dec 31, 2024+76.6%
Property and equipment, net$10.1M6 Dec 31, 2025$3.1M6 Dec 31, 2024+221.4%
Finance-lease assets$70.0K6 Dec 31, 2025$114.0K6 Dec 31, 2024−38.6%
Operating-lease assets (leased space)$4.3M6 Dec 31, 2025$1.2M6 Dec 31, 2024+256.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, gross$387.0K6 Dec 31, 2025$112.0K6 Dec 31, 2024+245.5%
Accumulated amortization-$85.0K6 Dec 31, 2025-$69.0K6 Dec 31, 2024−23.2%
Finite-lived intangibles, net$302.0K6 Dec 31, 2025$43.0K6 Dec 31, 2024+602.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$1.9M6 Dec 31, 2025$1.5M6 Dec 31, 2024+20.5%
Raw materials$620.0K6 Dec 31, 2025$1.0M6 Dec 31, 2024−38.0%
Work in process$1.2M6 Dec 31, 2025$517.0K6 Dec 31, 2024+140.0%
Finished goods$06 Dec 31, 2025$27.0K6 Dec 31, 2024−100.0%

Properties, in its own words

We own Edible Garden Heartland, a 5-acre greenhouse location in Grand Rapids, Michigan, through the Michigan Subsidiary. We own Edible Garden Heartland subject to a mortgage on Edible Garden Heartland and a security interest in the assets owned by the Michigan Subsidiary that secure a promissory note with a principal amount of $1.1 million issued by the Michigan Subsidiary to NJD Investments, LLC. We guaranteed the Michigan Subsidiary’s obligation to repay the amounts due under the mortgage on Edible Garden Heartland.

We operate our Flagship Facility, a 5-acre greenhouse location in Belvidere, New Jersey. On October 1, 2024, we acquired Edible Garden Corp. (“EGC”) from Unrivaled Brands, Inc., our former parent company, for the nominal price of $1.00. At our inception, we acquired substantially all of the assets of EGC from Unrivaled Brands, Inc., except for the lease agreement between EGC and the Landlord, made as of December 30, 2014 (the “Lease Agreement”), as amended by a lease extension agreement between EGC and the Landlord dated September 10, 2019 (the “Lease Extension,” together with the Lease Agreement, the “Lease”), for a 5-acre greenhouse location in Belvidere, New Jersey. As a result, prior to October 1, 2024, we operated the New Jersey property through an informal arrangement with EGC in which the Company effectively rented the property on a month-to-month basis with no set term. On October 1, 2024, upon the closing of its acquisition of EGC, we assumed the Lease and became subject to its terms. The Lease has a term that commenced on January 1, 2015 and ends on December 31, 2029. Under the terms of the Lease, we paid the Landlord a monthly lease payment of approximately $23 thousand in 2025.

The rest of Item 2

In May 2025, we entered into a lease agreement with Iowa Shrimp Holdings, LLC, an affiliate of NaturalShrimp and Streeterville, for the Iowa Facility. The facility includes more than 200,000 square feet of food-grade manufacturing and warehousing infrastructure and is intended to support aseptic beverage processing and packaging across protein, plant-based, dairy, and functional beverage categories. Under the terms of the lease for the Iowa Facility, the initial term of the lease is for twelve months (the “Initial Term”). We may extend the term of the lease by an additional twelve months (the “First Renewal Term”) provided that (i) we are in compliance with the terms of the lease in all material respects; and (ii) the aggregate value of the Series B Preferred Stock either redeemed by us or exchanged for shares of our common stock during the Initial Term is not less than $2 million. Further, we may extend the term of the lease by an additional twelve months (the “Second Renewal Term”) provided that (i) we are in compliance with the terms of the lease in all material respects; and (ii) the aggregate value of the Series B Preferred Stock either redeemed by us or exchanged for shares of our common stock during the First Renewal Term is not less than $3 million. Finaly, we, with the consent of Iowa Shrimp Holdings, LLC, may extend the term of the lease by additional twelve month periods provided that (i) we have already completed the First Renewal Term and Second Renewal Term; (ii) we, at the time of any renewal, are in compliance with the terms of the lease in all material respects; and (iii) the aggregate value of the Series B Preferred Stock either redeemed by us or exchanged for shares of our common stock is not less than $4 million during each of the Second Renewal Term and any successive twelve calendar month term.

Under the terms of the lease for the Iowa Facility, we pay a monthly lease payment of $1.00 to Iowa Shrimp Holdings, LLC for the Initial Term. If we are considered a holdover tenant after the expiration of the Initial Term or any renewal term with the prior written consent of Iowa Shrimp Holdings, LLC, the tenancy will be construed as month to month, except that rent shall be increased to an amount equal to (i) $15 thousand per calendar month if the holdover tenancy occurs between the first anniversary and second anniversary of May 14, 2025, (ii) $23 thousand per calendar month if the holdover tenancy occurs between the second anniversary and third anniversary of May 14, 2025, or (iii) $30 thousand per calendar month if the holdover tenancy occurs after the third anniversary of May 14, 2025, plus, and in addition to the rent, all other sums of money due and payable by us to Iowa Shrimp Holdings, LLC under the lease.

We continue to experience significant unit growth across key segments, including fresh-cut clamshell herbs. In response to this demand, we have increased our investment in processing and packaging equipment and expect to continue making such investments to support ongoing growth, at Edible Garden Heartland, our Flagship Facility, and with our contract growers, as described above in Part I, Item 1 “Business,” under the heading “Potential Growing Capacity.”

Our non-perishable product portfolio, including shelf-stable nutraceuticals, protein powders, sports nutrition products, and fermented and value-added consumer goods, is sourced through established co-manufacturing partners with sufficient production capacity to meet existing and anticipated near-term demand. The Company believes its co-manufacturing arrangements provide adequate flexibility to scale production in line with demand without requiring near-term capital investment in additional manufacturing infrastructure for these product lines.

Item 2 of the 10-K filed Mar 31, 2026.5

Leadership

Who has led Edible Garden AG Inc, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. James E. Kras2022–now

President

  1. James E. Kras2022–now

Chief financial officer

  1. Michael C. James2022
  2. Kostas Dafoulas2024
  3. Jonathan L. Gutoski2026–now
2025
Board members and other officers (8)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • 2900 Madison Ave Holdings, LLC Michigan4
  • EG Transportation, LLC Nevada4
  • Edible Garden Corp. Nevada4
  • Edible Garden Lifestyle Brands LLC Delaware4
  • Edible Garden Prairie Hills, LLC Delaware4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Edible Garden IncOct 29, 2020 to Oct 29, 20203

Timeline

  1. Oct 1, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares22
  2. Sep 2, 20268-K Other events23
  3. Aug 24, 20268-K Other events24
  4. Aug 17, 20268-K Executive or director change25
  5. Aug 14, 20268-K Results of operations26
  6. Aug 11, 20268-K Entered a material agreement27
  7. Aug 7, 20268-K Unregistered sale of shares28
  8. Aug 3, 20268-K Entered a material agreement; Other events29
  9. Jul 31, 20268-K Unregistered sale of shares30
  10. Jul 28, 20268-K Other events31
  11. Jul 10, 20268-K Unregistered sale of shares32
  12. Jul 9, 20268-K Change to shareholders' rights; Bylaws or fiscal year changed33
  13. May 9, 2022New chief executive James E. Kras becomes CEO12
  14. Jul 12, 2021Founded Edible Garden AG Inc is founded2

Calendar

Coming up

  1. Nov 13, 2026Reports results for the quarter ending Sep/202634

When it reported results

  1. Aug 14, 2026Reported quarterly or annual results26
  2. May 15, 2026Reported quarterly or annual results35
  3. Mar 31, 2026Reported quarterly or annual results36
  4. Jan 6, 2026Reported quarterly or annual results37
  5. Dec 9, 2025Reported quarterly or annual results38
  6. Nov 14, 2025Reported quarterly or annual results39
  7. Aug 14, 2025Reported quarterly or annual results40
  8. May 28, 2025Reported quarterly or annual results41

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

337 filings to the SEC since October 2021: 5 annual reports, 14 quarterly reports, 108 major events, 43 insider forms, 21 large holders, 4 private raises, 142 other. The latest 20:

  1. Oct 1, 20268-K EDGAR
  2. Sep 2, 20268-K EDGAR
  3. Aug 26, 20263 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES EDGAR
  4. Aug 24, 20268-K EDGAR
  5. Aug 17, 20268-K EDGAR
  6. Aug 14, 202610-Q EDGAR
  7. Aug 14, 20268-K EDGAR
  8. Aug 11, 2026424B5 EDGAR
  9. Aug 11, 20268-K EDGAR
  10. Aug 7, 2026EFFECT EDGAR
  11. Aug 7, 20268-K EDGAR
  12. Aug 3, 20268-K EDGAR
  13. Jul 31, 2026S-3 EDGAR
  14. Jul 31, 20268-K EDGAR
  15. Jul 28, 20268-K EDGAR
  16. Jul 10, 20268-K EDGAR
  17. Jul 9, 20268-K EDGAR
  18. Jul 9, 20264 PRIMARY DOCUMENT EDGAR
  19. Jul 7, 20264 PRIMARY DOCUMENT EDGAR
  20. Jul 7, 20263 PRIMARY DOCUMENT EDGAR

The 337 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

26 open-market trades by officers, directors and large owners since October 2021: 23 buys and 3 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 7, 2026HRT FINANCIAL LP10% ownerSale537,670$0.10$53.8KForm 4
Jul 6, 2026HRT FINANCIAL LP10% ownerBuy49,552$0.12$5.9KForm 4
Jul 2, 2026HRT FINANCIAL LP10% ownerBuy100,778$0.13$13.1KForm 4
Jul 1, 2026HRT FINANCIAL LP10% ownerBuy266,482$0.17$45.3KForm 4
Jun 15, 2026Wolinsky Maria Theresa10% ownerBuy950,000$0.23$218.5KForm 4
Jun 5, 2026Wolinsky Maria Theresa10% ownerBuy150,000$0.19$28.5KForm 4
Jun 3, 2026Wolinsky Maria Theresa10% ownerBuy500,000$0.21$105.0KForm 4
Jun 1, 2026Wolinsky Maria Theresa10% ownerBuy400,000$0.22$88.0KForm 4
May 27, 2026Wolinsky Maria Theresa10% ownerBuy150,000$0.27$40.5KForm 4
Dec 31, 2025Kras James E.President and CEOBuy3,700$0.55$2.0KForm 4
Jun 6, 2025Kras James E.President and CEOBuy400$2.62$1.0KForm 4
Jun 5, 2025Kras James E.President and CEOBuy1,450$2.68$3.9KForm 4
Jun 4, 2025Kras James E.President and CEOBuy325$3.07$998Form 4
Nov 29, 2024Kras James E.President and CEOBuy22,200$0.17$3.8KForm 4
Nov 27, 2024McConnell Mathew J.DirectorBuy2,013$0.17$342Form 4
Nov 27, 2024Kras James E.President and CEOBuy11,500$0.17$2.0KForm 4
Apr 25, 2024UBS Group AG10% ownerBuy1,005$6.08$6.1KForm 4
Apr 25, 2024UBS Group AG10% ownerSale30,056$5.43$163.3KForm 4
Apr 24, 2024UBS Group AG10% ownerSale106$6.30$668Form 4
Jun 2, 2023DonAroma PamelaDirectorBuy1,000$1.51$1.5KForm 4

All 26 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025James E. KrasChief Executive Officer$2.9M53
2025Mathew McConnellExecutive Vice President and Director$279.8K53
2025Kostas DafoulasInterim Chief Financial Officer$240.0K53
2024James E. KrasChief Executive Officer$300.0K$500.0K53
2024Kostas DafoulasInterim Chief Financial Officer$213.1K53

Money raised

Private offerings the company reported to the SEC on Form D.

  1. Oct 7, 2021Raised $3.1 million in a private offering of debt Form D: $3.2 million offered in all Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
SBI Securities Co., Ltd.628$1200.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Edible Garden AG Inc is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGAREdible Garden AG Inc1
  • CIK0001809750
  • Employer ID (EIN)85-05587045
  • Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; not a shell company5
  • Incorporated inDelaware5
  • Fiscal year endsDecember 311
  • Industry code (SIC)0100 Agricultural Production-Crops1
  • SEC reviewing officeOffice of Industrial Applications and Services, Division of Corporation Finance1
  • Business address283 County Road 519, Belvidere, NJ 078231
  • Phone908-750-39531
  • Shares outstanding1,951,509 as of Aug 6, 202611
  • Public float$7.7M as of Jun 30, 20255
  • AuditorCBIZ CPAs P.C., Costa Mesa, California PCAOB ID 199; no auditor attestation of internal control over financial reporting5
  • On EDGAR sinceOct 29, 20201
  • Filings342 in all: 8-K (105), 4 (29), CORRESP (27), 424B3 (16), UPLOAD (16), S-1/A (15), 10-Q (14), 3 (13)1
    All 42 form types

    EFFECT (12), SC 13G (10), DEF 14A (7), PRE 14A (6), 424B4 (5), S-1 (5), S-3 (5), S-8 (5), SCHEDULE 13G/A (5), 10-K (4), 424B5 (4), ARS (4), DEFA14A (4), 8-K/A (3), D/A (3), SC 13G/A (3), DRS (2), DRSLTR (2), FWP (2), POS AM (2), 10-K/A (1), 3/A (1), 8-A12B (1), C (1), C-U (1), C/A (1), CERT (1), D (1), NT 10-K (1), S-1MEF (1), S-3/A (1), SC 13D (1), SC 13D/A (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2026
    Quarterly report (10-Q) Aug 14, 2026
    Proxy statement (DEF 14A) May 21, 2026
    Latest 8-K (8-K) Oct 1, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $0.0001 per shareEDBLNasdaq
Warrants to purchase Common StockEDBLWNasdaq

From the cover page of the 10-K filed Mar 31, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks Edible Garden AG Inc names in Item 1A of its 10-K filed Mar 31, 2026: 50 risks under these headings, as written.5

  • Risks Related to Our Business
  • We have a history of losses, expect to continue to incur losses in the near term and may not achieve or sustain profitability in the future, and as a result, our management has identified and our auditors agreed that there is a substantial doubt about our ability to continue as a going concern.
  • We will need to obtain additional financing to fund our operations, which may not be available on favorable terms, if at all, and if we are unable to obtain such financing, we may be unable to operate and continue our business.
  • Our business may be adversely affected by the departure of members of our management team.
  • Changes to estimates related to our property, equipment and leasehold improvements that are lower than our current estimates have in the past and may in the future cause us to incur impairment charges on certain assets, which may adversely affect our results of operations.
  • We are a relatively smaller company than many of our competitors, which makes it difficult to execute our strategy and achieve our growth objectives.
  • We have historically earned most of our revenue from a limited number of customers, and if we lose any of these customers or if we are unable to replace the revenue through the sale of our products to additional customers, our financial condition and results from operations would be materially and adversely affected.
  • The loss of one or more of our customers, or a reduction in the level of purchases made by these customers, could negatively impact our sales and ability to generate profits.
  • We may implement new lines of business, such as RTD beverages or offer new products and services within existing lines of business.
  • Our business is characterized by low margins, which are sensitive to inflationary and deflationary pressures, and intense competition and consolidation in the grocery industry, and our inability to increase our gross margins could adversely affect our results of operations.
  • Our relationships with customers and suppliers are primarily based on purchase orders rather than long-term purchase commitments.
  • Adverse weather, natural disasters and other conditions affecting the environment, including the effects of climate change, could result in substantial losses and weaken our financial condition.
The other 39 risks
  • Our performance may be impacted by general and regional economic volatility, inflation, tariffs, or an economic downturn.
  • Because our business is concentrated on a limited set of products, we are vulnerable to changes in consumer preferences and changes in economic conditions affecting disposable income that could harm our financial results.
  • If we are unable to attract, train and retain qualified personnel, we may not be able to effectively execute our business strategy.
  • The costs of our operations may exceed our estimates due to factors outside of our control, such as labor shortages or external price increases, and we may be unable to pass those costs to our customers, which would negatively impact our financial results.
  • We may not successfully integrate assets from acquisitions.
  • If the integration of any or all of our acquisitions or future acquisitions is not successful, it could have a material adverse impact on our operating results and stock price.
  • We may implement new lines of business, such as the Pulp sauces, Pickle Party, and Kick. Sports Nutrition, or offer new products and services within existing lines of business.
  • Damage to our reputation could negatively impact our business, financial condition and results of operations.
  • Our business and operating results rely on effective quality control.
  • Our products may be subject to recalls.
  • We are subject to risk of product contamination and product liability claims.
  • We may incur substantial costs enforcing or acquiring intellectual property rights and defending against third-party claims as a result of litigation or other proceedings.
  • If we are unable to obtain patent protection for our products or otherwise protect our intellectual property rights, our business could suffer.
  • Confidentiality agreements with employees and third parties may not prevent unauthorized disclosure of trade secrets and other proprietary information, and our inability to maintain the confidentiality of that information, due to unauthorized disclosure or use, or other event, could have a material adverse effect on our business.
  • Our business could be negatively impacted by cyber security threats, attacks and other disruptions.
  • Security breaches of confidential customer information or confidential employee information may adversely affect our business.
  • Our indebtedness and the rights of our Series B Preferred Stock could have important consequences to you.
  • Risks Related to Our Industry
  • Failure to obtain necessary permits or otherwise comply with USDA and FDA regulations and requirements could result in a ban or temporary suspension of our ability to grow, manufacture or market our products as organic, and thus could materially adversely affect our business.
  • Improper use of hydroponic farming methods may significantly impact our ability to maintain our operations and may adversely affect our financial results.
  • We are subject to fluctuations in market price and demand for agricultural products.
  • Our results may vary from quarter to quarter depending on seasonal fluctuations related to the sale of our products.
  • Increases in commodity or raw product input costs, such as fuel and packaging materials, could increase costs significantly.
  • Government policies and regulations specifically affecting the agricultural sector and related industries could adversely affect our operating results.
  • We face intense competition that could prohibit us from developing or increasing our customer base.
  • Risks Related to the Ownership of our Securities
  • There can be no assurance that our shares will continue to be listed on the Nasdaq Capital Market, which would affect our common stock’s liquidity and reduce our ability to raise capital.
  • If our shares of common stock become subject to the penny stock rules, it would become more difficult to trade our shares.
  • We are an “emerging growth company,” as defined in the JOBS Act, and a “smaller reporting company” within the meaning of the Securities Act of 1933, as amended (the “Securities Act”), and we cannot be certain if the reduced disclosure requirements applicable to emerging growth companies or smaller reporting companies will make our common stock less attractive to investors.
  • We have not and do not expect to declare any dividends on our common stock in the foreseeable future.
  • We may seek to raise funds, finance acquisitions or develop strategic relationships in the future by issuing securities that would dilute your ownership. Depending on the terms available to us, if these activities result in significant dilution, it may negatively impact the trading price of our common stock.
  • Provisions in our certificate of incorporation, bylaws, and outstanding equity-linked securities could discourage a change in control, or an acquisition of us by a third party, even if the acquisition would be favorable to you, thereby adversely affecting existing stockholders.
  • Our certificate of incorporation designates the Court of Chancery of the State of Delaware as the exclusive forum for certain litigation that may be initiated by our stockholders, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us or increase the stockholder’s costs in bringing such a claim.
  • General Risk Factors
  • A prolonged economic downturn could adversely affect our business.
  • Increases in costs, disruption of supply or shortage of raw materials could harm our business.
  • Litigation may adversely affect our business, financial condition and results of operations.
  • Our internal control over financial reporting has inherent limitations, and even effective controls may not prevent or detect all errors or instances of fraud.
  • The price of our stock is volatile, and you could lose all or part of your investment.
  • We will continue to incur increased costs and demands upon management as a result of complying with the laws and regulations affecting public companies, which could adversely affect our operating results.
  • If we were to dissolve, the holders of our securities may lose all or substantial amounts of their investments.
  • If securities or industry analysts do not publish or cease publishing research or reports about us, our business or our market, or if they change their recommendations regarding our securities adversely, our stock and warrant prices and trading volume could decline.

Legal proceedings

From time to time, we may be party to or otherwise involved in legal proceedings arising in the ordinary course of business. Management does not believe that there is any pending or threatened proceeding against us, which, if determined adversely, would have a material adverse effect on our business, results of operations or financial condition.

The opening of Item 3, Legal Proceedings.5

Sources

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